Apple iPhone 7: Success Or Failure?

By Staff writer , Oct 18, 2016 05:06 AM EDT

We are still two weeks away from Apple's Big October earnings announcement. At the moment, analysts predictions and statements are still up in the air when it comes to determining the overall popularity of the iPhone 7 and 7 Plus. The main argument that they are pondering on right now: Are the devices a huge success or a huge disappointment? Truthfully it depends on upon who you ask.

According to NAR

According to reports, this week alone had two clashing reports regarding Apple's flagship smartphone. First, we have an online report from Nikkei Asian Review (NAR) which, claims that demands for the iPhone 7 are getting weaker and weaker by the minute. More accurately, NAR explains that on recent findings, seven out of nine iPhone component suppliers are complaining about an increasing sales decline compared to the same quarter of last year. "The shipments for the flagship smartphone is still in a downtrend," said an NAR analyst, "and the orders for the supply chain are still quite conservative, compared with a year ago."

According to Reuter

Meanwhile, Reuters just recently published a report, having the exact opposite. In their report, they had high praises for the iPhone 7, claiming that the devices were a major success. Using different revenue forecasts from Apple's partner company Taiwan Semiconductor Manufacturing Co. (TSMC), the report insists that with the booming sales that the iPhone 7 is experiencing, it may just help reverse the recent decline in iPhone sales.

False predictions are everywhere

Predictions for the iPhone 7 sales performance have been all over the internet since its official launch just last month, along with so many predictions that state the exact opposite of each other. People have been confused as to what truly is the state of the iPhone 7 sales right now. But thankfully, there won't have to be any long waiting before we can finally get some legitimate data and information.

October 25 - Judgement day

Apple is set to release their overall earnings for the September quarter alone on October 25. But of course, the final results will come in January, when Apple posts its earnings report for the always busy Holiday season, December quarter. So for now, determining whether the iPhone 7 was a success or not is not truly a legit argument to even talk about.

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